Here’s an easier way to approach percentages:
The sign $\%$ is similar to symbols like $e$ (Euler’s number) and $\rm m$ (the metre)—it simply stands in for another quantity—in this case, $\frac1{100}$. To solve, all you need to do is carry out the multiplication.
$$\text{$P\%$ of $X$} = (P\%)(X) = P\cdot \frac1{100}\cdot X = \frac{PX}{100}$$
You probably know that, for example, $27\%=0.27$, and this is why.
To turn $\frac9{12}$ into a percentage, first divide $9$ by $12$:
$$\frac{9}{12}=0.75$$
Now, move the decimal point to the right two spaces (i.e., multiply the quotient by $100$) and then tack on the percentage sign (i.e., multiply the quotient by $\frac1{100}$):
$$\frac9{12}=0.75=75\%$$
Working from a percentage in reverse however, is not so simple. Because $$\text{percentage}={ \text{# parts} \over \text{# whole} }$$ we can never tell how many “parts” there are or what the size of the “whole” group is without more information.
For example, which country spends more on education: the United States or Costa Rica? The US spends only $4.9\%$ of its GDP, while CR spends a much greater $7.6\%$. However, the question asks you to compare actual expenditures, so percentages do not give you the entire story.
The GDP of the US is \$19.36 trillion ($ \$ 1.94\times10^{13}$) while the GDP of CR is only \$85.2 billion ($ \$ 8.52\times10^{10}$). Therefore, each country spends
$$\begin{array}{cccl}
\text{US:} & (4.9\%)\left(\$ 1.94\times10^{13}\right) & = & \$9.506\times10^{11} \\
\text{CR:} & (7.6\%)\left(\$ 8.52\times10^{10}\right) & = & \$6.475\times10^{9} \\
\end{array}$$
As you can see, the percentages belie which country spends more. The moral of the story: percentages disguise the number of parts as well as the number in the whole sample. There is just no way to tell how many parts you’re dealing with without having more information.
Note, however, that sometimes we want this, because it facilitates comparisons across groups.